3301 Sir Thomas Dr UNIT 6-B-34, Silver Spring, MD, 20904 | $940/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3301 Sir Thomas Dr UNIT 6-B-34, Silver Spring, MD, 20904 | $940/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Silver Spring at 3301 Sir Thomas Dr UNIT 6-B-34, Silver Spring, MD, 20904 listed at $249,900 pairs $2,494/mo rent with a $1,223/mo payment to leave $940/mo cash flow. Total monthly income runs $2,494/mo, and annual cash flow reaches $11,279/yr on $82,842 cash to close. Return on cash invested measures 33.52% in year one, and rental yield registers 11.98% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 175.89% and total cumulative return in cash totals $145,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,494/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1992

N/A lot

$N/A/sqft

No HOA

More details about the property

Price reduced. Previous buyer could not close so please ignore days on market. Back on the market at a great price! Very convenient and easy to show. This community is not FHA approved so Conventional loan or Cash will be best. Charming Third Floor Condo in The Vineyards 3301 Sir Thomas Dr #34, Silver Spring, MD 20904 Nestled in the serene, tree-lined community of The Vineyards, this beautifully updated 2-bedroom, 2-bathroom condo offers a perfect blend of comfort, style, and convenience. Located on the third floor, Unit #34 provides enhanced privacy and security, with only four units per floor and a shared private entrance. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating an inviting space for entertaining and daily living. The living room features a cozy fireplace, adding warmth and charm. Enjoy cooking in the updated kitchen equipped with granite countertops and upgraded finishes, perfect for culinary enthusiasts. Step out onto the generous-sized deck, offering a peaceful retreat with views of the surrounding greeneryideal for relaxation and outdoor gatherings. The primary bedroom boasts a private en-suite bathroom, providing a personal sanctuary. The second bedroom is equally spacious and versatile. Additional Amenities include a private storage unit exclusive to the condo owner, enhancing your storage options. Residents have access to a community pool, fitness center, and party room, promoting an active and social lifestyle. Situated off Route 29 and near the ICC, the condo offers easy access to major commuter routes, including I-95 and I-270. Enjoy the close proximity to shopping centers, dining options, and parks such as Fairland Regional Park and Maydale Conservation Park, perfect for outdoor enthusiasts. Experience the perfect blend of tranquility and modern living in this exceptional condo. Schedule your private tour today and make 3301 Sir Thomas Dr #34 your new home! This condo community is not FHA approved. Conventional loans or cash offers, please.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20904, Silver Spring, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,229 (100%)
Owner Occupied HU	11,239 (52.9%)
Renter Occupied HU	9,043 (42.6%)
Vacant Housing Units	947 ( 4.5%)
Median Home Value	$594,619
Average Home Value	$630,777